Carnival price target raised to $27 from $25 at Stifel

Stifel analyst Steven Wieczynski raised the firm’s price target on Carnival to $27 from $25 and keeps a Buy rating on the shares. The firm expects Carnival will be in a position to raise their full-year guidance “once again” when they report on September 30, the analyst tells investors in a preview. Shares have rallied recently, and likely already incorporate a beat/raise quarter, but the firm still believes upside exists and “wouldn’t be surprised to see next year’s EPS end up with a two handle when it’s all said and done,” the analyst added.